FMC Increases Food and Pharma Prices
Significant, sustained cost increases in energy, raw materials, and freight are the factors driving this action. Energy-related costs have increased significantly over the past three years, impacting plant operations and shipping.
Depending on the product line, increases will be applied to list pricing and as contracts permit. Additionally, FMC will pass on increases levied by freight carriers to customers who have delivered pricing.
Significant, sustained cost increases in energy, raw materials, and freight are the factors driving this action. Energy-related costs have increased significantly over the past three years, impacting plant operations and shipping.
Costs of critical raw materials, including seaweed and pulp, have also risen dramatically during the same period.FMC BioPolymer is the market leader in microcrystalline cellulose, carrageenan and a major supplier of alginate for the food, pharmaceutical and industrial markets.
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